Adani Enterprises on Wednesday announced the acquisition of 100 per cent stakes in SIBIA Analytics and Consulting Services Private Limited for Rs 14.80 crores through an exchange filling. The acquisition is expected to help the Adani Group enhance its artificial intelligence and machine learning capabilities.
The company had posted an intimation on the same on October 15, 2022.
SIBIA was incorporated and registered with the Registrar of Companies, West Bengal, at Kolkata on December 1, 2013. The authorised share capital of the company was at Rs 4.5 lakh, while the paid-up share capital was at Rs 2.9 lakh. The turnover of the company for 2021–22 was Rs 134.26 lakh.
The share of Adani Enterprise on Wednesday at 12:30 was at Rs 3,768.05.
(To receive our E-paper on WhatsApp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)